Sherritt International (S) to Release Earnings on Wednesday

Sherritt International (TSE:S) is scheduled to be issuing its quarterly earnings data after the market closes on Wednesday, May 8th. Analysts expect the company to announce earnings of C($0.10) per share for the quarter.

Sherritt International (TSE:S) last posted its quarterly earnings results on Wednesday, February 7th. The company reported C($0.07) earnings per share for the quarter, topping the consensus estimate of C($0.12) by C$0.05. Sherritt International had a negative return on equity of 9.83% and a negative net margin of 28.93%. The company had revenue of C$34.80 million during the quarter.

Sherritt International Stock Performance

TSE:S opened at C$0.33 on Monday. The business’s fifty day moving average is C$0.30 and its 200 day moving average is C$0.32. The company has a debt-to-equity ratio of 57.95, a quick ratio of 1.24 and a current ratio of 1.39. The firm has a market cap of C$131.11 million, a price-to-earnings ratio of -2.06, a PEG ratio of 0.02 and a beta of 1.66. Sherritt International has a 52-week low of C$0.26 and a 52-week high of C$0.57.

Wall Street Analysts Forecast Growth

Separately, National Bankshares decreased their price target on shares of Sherritt International from C$0.55 to C$0.50 and set a “sector perform” rating on the stock in a report on Friday, February 9th.

About Sherritt International

Sherritt International Corporation engages in the mining, processing, refining, and sale of nickel and cobalt in North America, Cuba, Europe, Asia, Australia, and internationally. It operates through Metals, Power, Technologies, Oil and Gas, and Corporate segments. The company also produces and sells agricultural fertilizers, such as anhydrous ammonia, granular ammonium sulfate, and crystalline ammonium sulfate; and sulfuric acid, zinc sulfides, and copper sulfides.